AB MKA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AB MKA
Largest movements
- Receivables within one year +€172,908
up €172,908 (+1,401%), from €12,342 to €185,250
of which Trade receivables: +€185,250
- Cash +€15,622
up €15,622 (+16.0%), from €97,517 to €113,139
mainly Net result for the year (+€353,078) and Tax, wage and social debts (+€60,120)
- Reserves +€133,358
up €133,358 (+146%), from €91,642 to €225,000
- Tax, wage and social debts +€60,120
up €60,120 (+704%), from €8,540 to €68,660
- Other debts -€5,569
down €5,569 (-89.2%), from €6,242 to €673
- Gross operating margin +€439,192
up €439,192 (+1,291%), from €34,016 to €473,208
- Taxes +€110,130
up €110,130 (+1,291%), from €8,529 to €118,659
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €111,812 | €301,092 | +€189,280 | +169% |
| Fixed assets | 21/28 | €1,953 | €2,703 | +€750 | +38.4% |
| Tangible fixed assets | 22/27 | €1,953 | €2,703 | +€750 | +38.4% |
| Furniture and vehicles | 24 | €1,953 | €2,703 | +€750 | +38.4% |
| Current assets | 29/58 | €109,859 | €298,389 | +€188,530 | +172% |
| Amounts receivable within one year | 40/41 | €12,342 | €185,250 | +€172,908 | +1,401% |
| Trade receivables | 40 | - | €185,250 | +€185,250 | |
| Other amounts receivable | 41 | €12,342 | - | -€12,342 | |
| Cash at bank and in hand | 54/58 | €97,517 | €113,139 | +€15,622 | +16.0% |
| Total equity and liabilities | 10/49 | €111,812 | €301,092 | +€189,280 | +169% |
| Equity | 10/15 | €97,030 | €230,108 | +€133,078 | +137% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €91,642 | €225,000 | +€133,358 | +146% |
| Distributable reserves | 133 | €91,642 | €225,000 | +€133,358 | +146% |
| Profit (loss) carried forward | 14 | €388 | €108 | -€280 | -72.2% |
| Amounts payable | 17/49 | €14,782 | €70,984 | +€56,202 | +380% |
| Amounts payable within one year | 42/48 | €14,782 | €70,984 | +€56,202 | +380% |
| Trade debts | 44 | - | €1,651 | +€1,651 | |
| Suppliers | 440/4 | - | €1,651 | +€1,651 | |
| Taxes, remuneration and social security | 45 | €8,540 | €68,660 | +€60,120 | +704% |
| Taxes | 450/3 | €8,540 | €68,660 | +€60,120 | +704% |
| Other amounts payable | 47/48 | €6,242 | €673 | -€5,569 | -89.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €694 | €849 | +€155 | +22.3% |
| Other operating charges | 640/8 | €176 | €577 | +€401 | +228% |
| Gross operating margin | 9900 | €34,016 | €473,208 | +€439,192 | +1,291% |
| Operating profit (loss) | 9901 | €33,146 | €471,782 | +€438,636 | +1,323% |
| Financial income | 75/76B | €473 | - | -€473 | |
| Recurring financial income | 75 | €473 | - | -€473 | |
| Financial charges | 65/66B | €43 | €45 | +€2 | +4.7% |
| Recurring financial charges | 65 | €43 | €45 | +€2 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €33,576 | €471,737 | +€438,161 | +1,305% |
| Income taxes | 67/77 | €8,529 | €118,659 | +€110,130 | +1,291% |
| Profit (loss) for the period | 9904 | €25,047 | €353,078 | +€328,031 | +1,310% |
| Profit (loss) for the period to be appropriated | 9905 | €25,047 | €353,078 | +€328,031 | +1,310% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.